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please solve it mannualy Q1. Consider the cash flow for an investment project that is given below in the table. n 0 1 2 3
please solve it mannualy
Q1. Consider the cash flow for an investment project that is given below in the table. n 0 1 2 3 4 5 6 Outflow Inflow $24,000 $8,000 $6,000 $6,000 $10,000 $10,000 $12,500 $14,000 $15,000 (a) If i = 18%, what is the equivalent annual worth of this cash flow? (b) Based on your result in part (a), is this investment project worth undertaking under an 18% interest rate Step by Step Solution
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